Galaxy Technology Empire

Chapter 61 Trade Friction

January 4, 2017.

MiLijia's Ministry of Commerce has put Thor batteries or products using Thor battery cells into the banned list on the grounds that Thor batteries are suspected of patent disputes.

If one day ago Moore Harrison sued Raytheon Battery for patent infringement, and President Milijia’s tweets were only spread on the Milijia network.

At this moment, the whole world knew about Mi Li’s ban on the sale of Thor batteries.

The Dongtang Foreign Relations Department immediately refuted the arrogance and unreasonableness of the Mi Lijia Commerce Department.

The Dongtang Ministry of Commerce also immediately announced an antitrust investigation into Boeing.

But everyone knows that Milijia will never give up on banning the sale of Thor batteries.

Meteor Shower Company on the other side.

After Xiao Lisa received Huang Haojie's call yesterday, she immediately began to prepare to be long in the lithium battery industry. The focus was of course on the lithium battery industry of Colliers and Sun Country.

Huang Haojie knew that since the ban was unavoidable, he had to think about how to minimize the losses.

Once Thor batteries are banned from being sold by Meilican, the lithium battery industry as a substitute for Thor batteries will inevitably rise in the wind.

What is lost is what is gained. Even if Thor Battery loses a large part of its international business, Huang Junjie will still make it back in the stock market.

Sure enough, the news came out that the Ministry of Commerce of Milijia had banned the sale of Thor batteries.

The stocks of Sunland Sony, Panasonic, Koryo Sanxin Battery and LG Chem surged in response.

For example, Sony batteries, which were listed on MiLijia, soared by 6%, and Panasonic batteries were not far behind. The largest increase was LG Chem, which had just reached an agreement with Sydney for mobile phone batteries and tablet batteries, and its prices soared by 13%.

Meteor Rain, which operates a company with five times the leverage, made a profit of 1.2 billion yuan this time.

Xiao Lisa already knew from Huang Junjie that more countries would definitely join the ranks of banning the sale of Thor batteries, so she remained steadfast in going long stocks in the lithium battery industry.

Raytheon Group official website.

Raytheon Group released relevant explanations of Raytheon battery patents.

It was explained to the public that Raytheon Battery has not only registered Dongtang’s domestic patents, but also registered international patents, and has been recognized and approved by 136 countries including the Atlantic Alliance, Southeast Asian countries, etc.

We express our regret and anger for the Ministry of Commerce’s attempt to accuse Mi Lijia.

Of course, this is just the attitude of the Raytheon Group. Huang Haojie knew that the Ministry of Commerce of Milijia would not lift the ban on sales.

Under the official website of Raytheon Group, countless netizens have left comments and messages.

"It's hard! Support Thor!" - Lingnan Shanmei user 150**4573

"When is it time to retaliate against one another? Oppose economic hegemony." - Emperor Qin and Han Wu

“I have the nerve to say that I infringed on someone else’s patent, but it’s really embarrassing.” - Yellow-skinned, white-hearted banana man

" @Yellow-skinned and white-hearted banana man, caught licking a dog." -囧囧有神

"The fire at the city gate affected Chiyu. Huawei and Wheat were the ones who were cheated. After all, most of the Thor Group's business is in China." - Lonely Shazhou Leng

"Anyway, I don't believe that Thor batteries will infringe on other people's patents. If Mi Li's family has the ability, why don't they produce it themselves? It's simply inexplicable." - People who eat melons

" @People, there are some foreign companies that specialize in registering patents in order to blackmail those who invented patents or companies." - There is only one truth.

"It's better to be banned. He actually opened his mouth to me, the Sydney Lion. It's really not a good retribution." - Bingtang Sydney

Although Huang Haojie had notified his partners in advance, the MiLijia Commercial Department acted too quickly.

All products sold in the country equipped with Thor cells or batteries have been forcibly removed from the shelves.

As time went by, as expected by Huang Haojie, John Country, Maple Leaf Country, and Tuao announced on January 11 that they would include Thor batteries in the banned list, followed closely by Sun Country, Colliers, Lion City, and Luzon .

The Atlantic Alliance, represented by Gaul and Hans, stated that Thor batteries have obtained international patents and will not include Thor batteries in the banned list.

On January 18, Washington time, the Ministry of Commerce made three final anti-dumping and countervailing rulings in one go.

A 162.47% anti-dumping tax and a 48.94% to 165.39% countervailing duty were levied on the amorphous fabrics exported by MiLijia from Dongtang.

Dongtangpu carbon and alloy steel plates are subject to 68.27% anti-dumping duties and 251% countervailing duties.

Anti-dumping duties of 493.46% and countervailing duties of 206.72% are levied on ammonium sulfate.

According to the British Financial Times, on the evening of January 19, international financial tycoon George Soros expressed an extremely pessimistic view on the US-China trade war at his annual Davos media dinner.

"certain."

When a reporter asked Tang Mi whether there would be a trade war in 2017, he replied:

"Temupu is already gearing up."

At this time, Huang Junjie had already seen that the trade war between Dongtang and the Mi Li family was about to break out. Even if there was no large-scale outbreak for the time being, it might not be delayed for long.

He couldn't help but feel lucky that Galaxy Technology was not highly dependent on the international market. Also benefiting from its diversified business strategy, Galaxy Technology was not a company that was lost on one leg.

What's more, the foundation of Galaxy Technology is in Dongtang, and he is now sitting firmly on Diaoyutai. Although some losses of partners will affect Galaxy Technology, it will not be too serious.

Lisa Xiao's Meteor Shower Company has been conquering the international financial market these days, reaping no less than 4.6 billion yuan in profits in just half a month.

On the other hand, Dongtang was not to be outdone.

The official website of the Trade Remedy Investigation Bureau of the Ministry of Commerce of Dongtang Province. Since January, there have been more than a dozen cases related to trade remedy investigations published on this page alone, including MiLijia’s Chinese LCD electronic writing tablets, bow blade arrow products and backboard components. Three 337 investigation applications were filed with the company and its products.

In addition, the Dongtang ethanol industry has been complaining that Mi Lijia benefits from unfair subsidies.

Recently, the final ruling issued by the Ministry of Commerce showed that starting from January 12, 2017, Dongtang will impose anti-dumping duties of 42.2% to 53.7% on Milijia DDGs, which is higher than the 33.8% preliminary ruling in September. Countervailing duties will also be increased to 11.2% to 12.0%, higher than last year's preliminary ruling of 10.0% to 10.7%. The collection period is 5 years.

Huo Jianguo, former president of the Institute of International Trade and Economic Cooperation of the Ministry of Commerce, believes that after Trump comes to power, there will definitely be more trade frictions than in the "Obama era", but the possibility of a full-scale "trade war" has not yet been seen.

Liang Hong, chief economist of China International Capital Corporation, pointed out that Temupu emphasized the principle of "Mili family first" in formulating trade policies, and Dongtang, as the Mili family's largest trading partner, may become its focus.

Judging from the special policy announcement and the reality of MiLi's policies, policy options generally include import tariffs, border adjustment taxes and non-tariff barriers.

Judging from the current status quo, trade friction between Tang and Mi in 2017 may be unavoidable, and the potential risks of trade wars are rising. So, which industries in Dongtang will be affected?

At present, it may be steel, but infrastructure products, auto parts, home appliances, lighting equipment and other products that have accounted for a large share of the export market and have experienced rapid export growth in Dongtang in recent years need to find out the details and make sufficient preparations.

According to Temupu's three major goals of reducing trade deficit, boosting economic growth, and increasing employment, from the perspective of trade deficit, the computer, chemical industry, electronics industry, automobile and parts industry of Milijia are the industries with the largest deficits, while The paper, forestry and fishery industries have smaller deficits.

If the Mi Li family wants to quickly reduce the huge trade deficit with the Eastern Tang Dynasty, it is likely to carry out precise attacks on these industries.

However, considering the environmental pollution factors of the chemical industry and its extreme dependence on imports, this industry will be safe in the short term.

From the perspective of employment, Mi Lijia's domestic textile, clothing and leather products industries have been hardest hit by imports.

If the government wants to "bring back jobs", especially in low-wage industries, it should start with the textile, clothing and leather industries.

Because the labor cost of this industry is relatively low, it may bring the most domestic jobs to MiLijia among all industries.

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